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1227 Commonwealth Avenue

1227 Commonwealth Avenue, Cleveland, OH 44124
Property in Mayfield Heights
Sold Aug 27, 2019
$93,000
$79,050 by Quicken Loans Inc
Mortgage Due Sep 01, 2049
Sold Jan 01, 1975
Transfer
1227 Commonwealth Avenue in Cleveland, OH was first built in 1949 and is 75 years old. Although, the building on the property was most recently renovated and altered in 1965. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1227 Commonwealth Avenue has 1,104 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,240. In total, the area measurement of the land is 6,200 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The property is connected to a storm sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed in this manner. For those who need parking, there is a detached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1227 Commonwealth Avenue was last sold in Aug 20, 2019 for $93,000. According to our calculations, that's $50.54 per sqft. Current property owners are expected to pay $2,426 in taxes per year. The property on 1227 Commonwealth Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $32,550. To break that down further, the land itself was valued at $10,185. While improvements to the property were assessed at a total of $22,365. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 736
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,200
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,840
  • Gross Building Area: 1,840
  • Building Area: 1,104
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,104
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ORHTS#2
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3-24 ORHTS#2 0482 ALL

Ownership

  • Current Owner : MEHLMAN SCOTT
  • Previous Owner : HORNYAK BARBARA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mayfield City School District
  • School Tax School District: MAYFIELD CSD
  • Census Tract: 172102

Zoning

  • Zoning: U-1(1)

Geography

  • Assessors Map Reference: 861-19
  • Parcel: 861-19-052
  • Lot: 482
  • Municipality: MAYFIELD HTS.
  • Latitude: 41.5271
  • Longitude: -81.4566

    Address

  • Full Address: 1227 Commonwealth Ave
  • Address - House Number: 1227
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C066
  • 4-Digit Zip Code: 1764
  • Zip Code: 44124

Valuation

    Tax

  • Total Area: 1,104
  • Tax Year: 2022
  • Tax Amount: $2,426
  • Tax Rate Code Area: MAYFIELD H

    Appraisal Valuation

  • Standard Deviation: 0.0695
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 96
  • Final Value: 146,000
  • High Value: 163,000
  • Low Value: 130,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $79,050
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 27, 2019
  • First Open Lien Mortgage Loan Amount: $79,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049

    Market Valuation

  • Market Total Value: $93,000
  • Market Land Value: $29,100
  • Market Improvement Value: $63,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,550
  • Assessed Land Value: $10,185
  • Assessed Improvements Value: $22,365

    Sales

  • Current Sale Contract Date: Aug 20, 2019
  • Current Sale Recording Date: Aug 27, 2019
  • Current Sale Transaction ID: 11642175241
  • Current Sale Price: $93,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201908270677
  • Previous Sale Recording Date: Jan 01, 1975
  • Previous Sale Contract Date: Jan 01, 1975
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Aug 27, 2019
  • First Mortgage Loan Amount: $79,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

About Mayfield Heights



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Frequently Asked Questions

What neighborhood is 1227 Commonwealth Avenue located in?
The 1227 Commonwealth Avenue is a located in the neighborhood of Mayfield Heights in Mayfield Heights, Cleveland.
What is the average sales price for listings in 1227 Commonwealth Avenue?
The average sales price for units in 1227 Commonwealth Avenue is $0 currently.

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